Connells Group profits fall to £67m in FY22

The group’s total house sale exchanges were down 18% on a like-for-like basis as buyer registrations reduced by 10% due to easing demand

Connells Group has reported pre-tax profits of £67.5m for the year ended 31 December compared to £111.3m in the prior year, with the group’s underlying EBITDA only reaching £124.9m compared to the £181.1m recorded in the prior year. 

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